markets, based on federal merger scrutiny guidelines, and that concentration generally decreases wages. For example, moving … from a market with an HHI of zero to a market comprised of two employers lowers H-1B worker wages approximately 10 percent …, and a pure monopsony (one employer) reduces wages by 13 percent. A simulation shows that wages under pure monopsony could …

given time period. Our evidence does not suggest that minimum wages reduce employment in the overall restaurant … sector appears to exhibit a downward long-term trend in states that have increased their minimum wages relative to states …

reduce employment among the least-skilled workers they are intended to help. But they also increase wages for many of them …